Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'
CABO FRIO, Brazil (AP) — In April, Brazil's federal police stormed the helipad of a...
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CABO FRIO, Brazil (AP) — In April, Brazil's federal police stormed the helipad of a...
CABO FRIO, Brazil (AP) -- In April, Brazil's federal police stormed the helipad of a seaside hotel in Rio de Janeiro state, where they busted two men and
In April, Brazil’s federal police busted two men and a woman loading a chopper with 7 million reais — $1.3 million — in neatly packed bills
In April, Brazil's federal police stormed the helipad of a seaside hotel in Rio de Janeiro state, where they busted two men and a woman loading a chopper with 7 million reais ($1.3 million) in neatly packed bills.
After the initial scheme's success, copycat schemers started opening shop; cryptocurrency-related violence broke out in the streets.